{ "ticker": { "uuid": "3bef9d86-8679-4c8e-8a9d-74e47633daff", "symbol": "MBAL", "name": "Mackenzie Balanced Allocation ETF", "exchange": "TOR", "country": "CA", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 54.66, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 73.356, "architecture_energy": 49.035, "architecture_maturity": 85.096, "architecture_confidence": 68.294, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 29.24, "rotation_up": 44.69, "upward_expansion": 74.36, "deceleration": 91.32, "rotation_down": 29.13, "downward_expansion": 12.36 }, "activity_lines": [ 30.344667, 30.338615, 30.069656, 29.71449 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 30.66, "trend_reference": 29.318611, "distance_from_trend": 0.045752, "trend_direction": "Improving", "fair_value": 24.726574, "distance_from_fair_value": 0.239961, "fair_value_direction": "Improving", "relative_strength": -4.485765, "relative_strength_direction": "Weakening", "price_momentum": 0.068846, "excess_performance": -0.051576, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.045752, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.027428, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.239961, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.000596, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.044858, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.003349, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.068846, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.049855, "read": "Demand-led" } ], "volume": { "latest": 4985, "relative_activity": 0.347036, "balance": 1.049855, "dry_up": 1.158707, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.014268, "annualized_volatility": 0.09253, "from_high_reference": -0.003899, "from_low_reference": 0.17237 }, "levels": { "trend_reference": 29.318611, "fair_value_reference": 24.726574, "structural_low": 27.519819, 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"2026-07-03", "close": 30.559999, "volume": 8313, "typical_volume": 16608.95, "trend": 28.951834, "fair_value": 24.391251, "relative_strength": -2.734298, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.932439, "energy": 85.857133, "activity_lines": [ 30.356919, 30.118315, 29.613889, 29.323422 ] }, { "date": "2026-07-10", "close": 30.540001, "volume": 11291, "typical_volume": 16719.45, "trend": 29.04453, "fair_value": 24.459866, "relative_strength": -2.780836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.049581, "energy": 86.295922, "activity_lines": [ 30.456002, 30.235673, 29.739115, 29.425884 ] }, { "date": "2026-07-17", "close": 30.120001, "volume": 7419, "typical_volume": 15792.1, "trend": 29.118641, "fair_value": 24.525315, "relative_strength": -3.820214, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.470376, "energy": 64.688004, "activity_lines": [ 30.36396, 30.250787, 29.8175, 29.49527 ] }, { "date": "2026-07-24", "close": 30.110001, "volume": 29163, "typical_volume": 16232.4, "trend": 29.188345, "fair_value": 24.590108, "relative_strength": -3.940733, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.249582, "energy": 53.165364, "activity_lines": [ 30.269334, 30.253977, 29.890662, 29.559228 ] }, { "date": "2026-07-31", "close": 30.190001, "volume": 25010, "typical_volume": 15146.3, "trend": 29.255106, "fair_value": 24.656716, "relative_strength": -3.076636, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.482471, "energy": 40.927249, "activity_lines": [ 30.226001, 30.258172, 29.962855, 29.623851 ] }, { "date": "2026-08-07", "close": 30.66, "volume": 4985, "typical_volume": 14364.5, "trend": 29.318611, "fair_value": 24.726574, "relative_strength": -4.485765, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.355846, "energy": 49.034935, "activity_lines": [ 30.344667, 30.338615, 30.069656, 29.71449 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }